Facebook Credits To Be Available In India Starting July 1st

Facebook developers in India can now use Facebook Credits (as an alternate payment mechanism) to charge for their apps.

Facebook Credits is a payment system that offers a safe, easy way to pay for digital and virtual goods in games and apps across Facebook.

Facebook Credits at a store in USA
Facebook Credits at a store in US

“Starting around July 1, we’re adding alternative payment options for Facebook Credits in 13 countries in Asia and Latin America. Those payment options are supported by Live Gamer. We’re also excited to announce that we now support payouts to developers in all countries globally (excluding a few government-embargoed countries). To do this, we’ve developed a new pay out process for developers in countries where we haven’t previously supported payouts through banks or PayPal.” [FB blog].

In India, Facebook offers payments via Mobile, MOLePoints, Moneybookers and Western Union QuickPay. Important to note that only Airtel supports Boku (for mobile payment) in India.

You can redeem Facebook Credits at the rate of $0.10 per Credit (less a service fee of $0.03 per credit redeemed) and like Google adsense, you will get paid the moment your account reaches $100.

Also see: Zynga Launches Game Cards in India

[Image credit: mwhaling/Flickr]